Boot Barn (BOOT) awards director 1,028 RSUs under 2020 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STARRETT PETER reported acquisition or exercise transactions in this Form 4 filing.
Boot Barn Holdings, Inc. director Peter Starrett received a grant of 1,028 shares of common stock in the form of restricted stock units under the company’s 2020 Equity Incentive Plan. These units are scheduled to vest on May 19, 2027, subject to time-based vesting conditions.
Following this award, Starrett beneficially owns 13,157 shares of common stock underlying restricted stock units as of May 18, 2026, and 10,442 of those have met vesting criteria but delivery of the shares has been deferred. He also indirectly holds 9,599 shares through The Starrett Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
STARRETT PETER
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,028 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,157 shares (Direct, null);
Common Stock — 9,599 shares (Indirect, By Trust)
Footnotes (1)
- Consists of shares underlying restricted stock units granted under the Boot Barn Holdings, Inc. 2020 Equity Incentive Plan, subject to vesting on May 19, 2027. Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 18, 2026 that remain subject to time-based vesting. Amount of securities beneficially owned consists of the number of shares of common stock held indirectly by the reporting person as of May 18, 2026, excluding any shares of common stock subject to further vesting conditions or deferred delivery. By Peter Starrett as trustee of The Starrett Family Trust, dated April 11, 1999. Consists of 10,442 shares underlying restricted stock units for which the vesting criteria have been satisfied but the delivery of such shares has been deferred.
Key Figures
RSUs granted: 1,028 shares
Vesting date for new RSUs: May 19, 2027
Total RSUs outstanding: 13,157 shares
+3 more
6 metrics
RSUs granted
1,028 shares
Restricted stock units granted on May 18, 2026
Vesting date for new RSUs
May 19, 2027
Scheduled vesting for 1,028 RSUs
Total RSUs outstanding
13,157 shares
Underlying RSUs subject to time-based vesting as of May 18, 2026
Vested but deferred RSUs
10,442 shares
Vesting criteria met, delivery deferred
Indirect trust holdings
9,599 shares
Common stock held by The Starrett Family Trust
Direct RSU-related holdings after grant
13,157 shares
Total shares underlying RSUs following the award
Key Terms
restricted stock units, 2020 Equity Incentive Plan, time-based vesting, beneficially owned, +2 more
6 terms
restricted stock units financial
"Consists of shares underlying restricted stock units granted under the Boot Barn Holdings, Inc. 2020 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Equity Incentive Plan financial
"restricted stock units granted under the Boot Barn Holdings, Inc. 2020 Equity Incentive Plan"
time-based vesting financial
"shares of common stock underlying restricted stock units held by the reporting person as of May 18, 2026 that remain subject to time-based vesting"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
beneficially owned financial
"Amount of securities beneficially owned consists of the number of shares of common stock held indirectly by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
deferred delivery financial
"shares underlying restricted stock units for which the vesting criteria have been satisfied but the delivery of such shares has been deferred"
trustee financial
"By Peter Starrett as trustee of The Starrett Family Trust, dated April 11, 1999."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What did Boot Barn (BOOT) director Peter Starrett report in this Form 4?
Peter Starrett reported receiving 1,028 restricted stock units of Boot Barn common stock as a grant. These units are part of his director compensation and are scheduled to vest in the future, rather than reflecting an open-market stock purchase or sale.
When do Peter Starrett’s newly granted Boot Barn restricted stock units vest?
The 1,028 newly granted restricted stock units vest on May 19, 2027, subject to time-based vesting. Vesting means the units convert into deliverable shares if continued service and any other conditions in the 2020 Equity Incentive Plan are satisfied.
What indirect Boot Barn holdings does Peter Starrett have through a trust?
The filing shows 9,599 shares of Boot Barn common stock held indirectly by Peter Starrett through The Starrett Family Trust. A footnote explains he serves as trustee of this trust, and these shares are not subject to further vesting or deferred delivery conditions.
Is this Boot Barn Form 4 about a stock sale by Peter Starrett?
No, this Form 4 reflects a grant of restricted stock units, not a sale. The transaction is coded as an award (code A), meaning it is compensation-related and does not represent an open-market sale of Boot Barn shares by the director.